Dar lifts KQ ban after Kenya okays cargo flights
Air Tanzania has secured the coveted cargo traffic rights in Kenya.
View ArticleBamburi takes measures to curb coal dust pollution
The company and other cement manufacturers use coal to fire their energy-hungry plants
View ArticleLimuru Tea issues profit warning on higher costs
The firm posted a profit after tax of Sh11.345 million in 2022 and expects a profit of no more than Sh8.5 million in the year ended last month.
View ArticleCoca-Cola bottler seeks 10 months to repackage drinks
Supreme Court judges in 2018 directed the bottler to put the information on glass bottles of the Coca-Cola, Krest, Fanta, Sprite and Stoney brands.
View ArticleKCB leapfrogs 5 lenders in race for TZ mortgage market
The outstanding mortgage book of KCB Bank Tanzania Limited jumped 2.9 times to $23.9 million.
View ArticleAmerican tower firm takes Sh953m revenue hit on weak shilling
The American company’s hit from the depreciation of the Kenyan shillings highlights the plight of foreign firms that are operating in Kenya which incur losses from translating their revenue from the...
View ArticleUsaid, Bio Food in Sh80m milk safety partnership
Usaid is expected to provide resources to the tune of Sh79.9 million to support the programme.
View ArticleMoi referral hospital chief celebrates 'total societal impact'
Wilson Aruasa says it's been eight exciting years as CEO of Moi Teaching and Referral Hospital (MTRH) and he's very happy and excited with the real transformation achieved.
View ArticleNIBS founder Lizzie Wanyoike dies at 72
Businesswoman is also the founder of Lizzie Preparatory Schools and Hotel Emory.
View ArticleAirlines, crew face Sh1.6m fines for passengers breaching eTA rules
Interior cabinet secretary said airlines and officers in command of their aircraft will be responsible for ensuring that all on board have valid eTA.
View ArticleKenya Power bid to handpick lawyers for PPAs rejected
Kenya Power’s request was among seven requests that were rejected by PPRA.
View ArticleVoice, data quality tops list of unresolved consumer woes to telecoms regulator
The communications regulator received 20 complaints about poor quality of voice and data service by mobile network operators (MNOs) during the period but solved only five.
View ArticleEx-Co-op Bank staff charged with Sh2.2 million theft
Simon Sirere Seno, who worked as a Digital Data and E-Channels Support Officer, was accused of accessing customer data without authorisation.
View ArticleRailways tops list of State firms bleeding taxpayer billions
KRC, Kenya Power, and Kenya Airways are among the entities that have notably been relying on Treasury for funds to run operations amid struggles to service loans.
View ArticleAmerican PE company acquires Actis
Last May, Actis, which is based in London, announced that it would not be renewing its Cape Town and Nairobi office leases.
View ArticleCBK seeks Sh15bn from reopened January bonds
The prospectus for the tap sale, published yesterday by CBK shows government is seeking Sh15 billion from the offer, to add to the Sh25.02 billion it netted in the initial sale of the bond.
View ArticleKRA ordered to refund Coca-Cola unit Sh670m
A six-member Tax Appeals Tribunal held that the marketing and promotional services offered by the company to its foreign affiliate are not within KRA's legal taxing right.
View ArticleSaudi cuts hiring fees for Kenya domestic workers by Sh80,000
The development is set to strike a blow to diaspora cash inflows as remittances from Saudi Arabia.
View ArticleSGR revenue hits record Sh18bn as demand grows
The revenues are expected to rise significantly going forward after passenger fares were raised by 50 percent at the start of this year.
View ArticleHow will the Treasury single account work?
The Treasury Single Account has been in the making for more than a decade, having been identified as one of the solutions to leakage of public resources.
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